India’s gold imports in April drop to a 30-year low: Report

India’s gold imports witnessed a steep decline by 99.99 per cent in April (year-on-year basis), the lowest in three decades as the country went through a lockdown to check the spread of coronavirus, news agency Reuters reported. Reuters cited a government official as saying that the imports registered a drop to $2.84 billion from $3.97 billion a year ago.

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